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  Bloomberg The super-rich will continue to flock to London, despite the political and economic concerns around the UK’s intention to leave the European Union, according to a report published on Wednesday by property broker Knight Frank LLP. The number of ultra-wealthy people living in the UK capital is expected to climb by 30 percent to 6,058 over the next ...

  Bloomberg Blue-chip US companies are pulling back from borrowing just when investors most want to lend. Investment-grade corporate bond sales were below $100 billion in February, the worst February since 2014 and 14 percent below the monthly average for issuance for the last three years, according to data compiled by Bloomberg. Companies likely moved at least a portion of ...

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, received on Tuesday at Zabeel Palace, President of Seychelles Danny Faure. HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and ...

  Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received a delegation from the Abu Dhabi Tourism and Culture Authority (TCA) led by Mohammed Khalifa Al Mubarak and Saif Saeed Ghobash, Chairman and Director-General of the TCA, respectively. During the meeting also attended ...

  DUBAI / Emirates Business All eyes were on Gulf Craft at the Dubai International Boat Show, where the pioneering Emirates-based shipyard impressed guests with the largest fleet of yachts and boats on display, collectively worth well over AED 300million and accounting for more than 20% of the total value of leisure craft on exhibit at the show. The industry ...

  Bloomberg Asia’s infrastructure race is just getting started. Emerging economies across the region will need to invest as much as $26 trillion on building everything from transport networks to clean water through 2030 to maintain growth, eradicate poverty and offset climate change. That’s according to an Asian Development Bank report released on Tuesday that highlights the need for massive ...

  Bloomberg China’s effort to promote public-private partnerships to fund roads, bridges and railways and keep a lid on rampant debt growth is succeeding in luring companies to the projects. Problem is, they’re mainly state-owned. Two years into the PPP push, the majority of partners in the projects have turned out to be state-owned enterprises, according to analysts at Fitch ...

  Bloomberg Turkey is seeking US support to lead a ground offensive against IS main stronghold in Syria, a Turkish official said, a move that could give President Recep Tayyip Erdogan more influence in the conflict and undermine Kurdish groups linked to separatists he’s fighting at home. Troops and Syrian rebels loyal to Ankara would advance on Raqqa through areas ...

  Bloomberg The indictment of Samsung Electronics Co. de facto chief Jay Y. Lee and four other top executives on bribery and embezzlement charges threatens the company’s ability to make major strategic decisions, including acquisitions and management changes. While the world’s biggest maker of mobile devices has capable managers who will, as before, continue to roll out new products and ...

  Bloomberg Hyperloop Technologies Inc., which is building a super-fast transportation solution based on an idea by billionaire Elon Musk, is in initial talks with the Indian government and companies to partially build and operate the vehicle on some routes, its chief executive officer said. The Los Angeles-based company, known as Hyperloop One, will decide by end of this year ...